Caesars stockholders approve $6 billion merger with Fertitta

Shareholders of Caesars Entertainment have approved a $6 billion merger with Fertitta Gaming during a meeting in Las Vegas, according to reports from the Associated Press. The multibillion-dollar transaction is set to combine the operations of the two companies, resulting in the creation of one of the largest gaming empires in the industry.

Caesars holds a dominant market presence along the Las Vegas Strip. Its current operations include well-known hospitality and entertainment properties such as Caesars Palace, the Flamingo, and Harrah's.